Farm Supply does not segregate sales and sales taxes at the time of sale. The register total

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Farm Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $11,395. All sales are subject to a 6% sales tax. Compute sales taxes payable and make the entry to record sales taxes payable and sales.

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Financial Accounting Tools for Business Decision Making

ISBN: 978-0470239803

5th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Apr 21, 2012 04:39 AM

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Farm Supply does not segregate sales and sales taxes at the time of sale. The register total

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